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Newspaper Jobs Will Decline 25% By 2018 (Dinosaur Media DeathWatch™)
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1004054045 | December 16, 2009 | Joe Strupp

Posted on 12/16/2009 12:48:04 PM PST by abb

The newspaper industry is expected to lose nearly 25% of its jobs by 2018, according to a new federal Bureau of Labor Statistics report.

The Employment Projections Summary examines the expected job loss or gain for each industry between 2008, the last year for which data is available, and 2018. Newspapers rank seventh among the top 10 industries slated for job losses.

BLS data shows that there were approximately 326,000 newspaper jobs at the end of 2008, with a prediction that there will be just 245,000 in 2018, a 24.8% drop.

"I suspect what has happened in recent years has a big influence on how they predict the future," said newspaper analyst John Morton. "I don't know how they base those predictions. It is an unknown. A lot of it is going to depend on how the newspaper industry comes out of the recession and how successful they are in translating their business onto the Internet."

BLS officials did not immediately respond to a request for comment.

Rick Edmonds, media business analyst at The Poynter Institute, said the prediction is not a surprise: "That is consistent with what has been happening the past three years. But I don't think the next three years will be as bad."

Expected newspaper job losses ranked behind only department stores, semiconductor and electronic component manufacturing, motor vehicle parts, postal services, printing, and cut-and-sew apparel manufacturing.

"One thing that would be supportive of newspaper employment is that 70% of daily newspapers have circulation under 50,000," Morton added. "Those kinds of newspapers have suffered far less than big city papers have. Going forward, they will suffer less."


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: advertising; dbm; newspapers
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Wednesday afternoon good news.
1 posted on 12/16/2009 12:48:05 PM PST by abb
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; backhoe; Bahbah; bert; bilhosty; Caipirabob; ...

ping


2 posted on 12/16/2009 12:49:07 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Lucky thing too ...just when all the responsible journalists disappeared. What timing.


3 posted on 12/16/2009 12:49:49 PM PST by Sequoyah101 (Half of the population is below average)
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To: abb

Only 25% by 2018? Surely we can do better than that.


4 posted on 12/16/2009 12:50:30 PM PST by Interesting Times (For the truth about "swift boating" see ToSetTheRecordStraight.com)
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To: abb

25% is a low ball number. How come the Galveston News gets to throw tree derived paper garbage wrapped in plastic on my driveway where it goes straight to the landfill anyway? There ought to be a law!


5 posted on 12/16/2009 12:51:00 PM PST by dblshot
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To: abb

Well lets hope it doesn’t take that long.


6 posted on 12/16/2009 12:51:26 PM PST by Gator113 (Obama is America's First Failed Black Pres-dent.....)
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To: abb

Whew! ...This is what I call optimistic dreaming on the part of the MSM. Newspaper jobs will decline by more than 25 percent in another eight years. Even Obamao’s bailout won’t resuscitate liberal pap to that extent.


7 posted on 12/16/2009 12:54:23 PM PST by pallis
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To: abb

http://blog.cagle.com/2009/12/16/it-took-125-years-to-build-editor-publisher-and-only-10-minutes-to-kill-it/
It Took 125 Years To Build Editor & Publisher, and Only 10 Minutes To Kill It

http://www.forbes.com/2009/12/15/editor-publisher-newspapers-business-media-strupp.html
Previewing Editor & Publisher’s Final Edition

http://kubas.com/info/Kubas_Newspaper_Preview_2010.pdf
Newspapers’ outlook on ad revenue growth

http://tunedin.blogs.time.com/2009/12/16/doing-less-with-less-what-are-you-willing-to-give-up-from-journalism/
Doing Less With Less: What Are You Willing to Give Up from Journalism?

Read more: http://tunedin.blogs.time.com/2009/12/16/doing-less-with-less-what-are-you-willing-to-give-up-from-journalism/#ixzz0Zt3vmae8

http://steveouting.com/2009/12/15/miamiherald-com-asks-for-donations-too-subtly/
MiamiHerald.com asks for donations (too subtly)


8 posted on 12/16/2009 12:54:30 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

The technology revolution has made it much easier to automate the reprinting of AyPee’s daily load of tosh.


9 posted on 12/16/2009 12:56:27 PM PST by relictele
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To: abb

25% is too pessimistic... I think at least 50%


10 posted on 12/16/2009 1:01:03 PM PST by GeronL (Join the Palin Beer Summit Putsch!!)
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To: GeronL

2018 is too optimistic,

I wouldn’t be surprised to see a 25% decline by 2011


11 posted on 12/16/2009 1:03:46 PM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: abb

My Liberal neighbor who still drives around with his Obama sticker lost his job with the Seattle Times a few months ago, and has still not been able to find work. Tempted to ask him how that Hope and Change is working for him.


12 posted on 12/16/2009 1:05:05 PM PST by NavyCanDo
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To: abb

The 4th estate is a 5th column.


13 posted on 12/16/2009 1:06:20 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: abb

Unintended humor? E&P is folding...


14 posted on 12/16/2009 1:08:08 PM PST by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: abb

24 percent by 2018?
Crappola, 30 percent by 2012.


15 posted on 12/16/2009 1:08:16 PM PST by Joe Boucher (This marxist punk has got to go.)
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To: abb

http://www.medialifemagazine.com/artman2/publish/Television_44/The_big_broadcast_story_of_2010_NBC.asp
The big broadcast story of 2010: NBC

http://www.medialifemagazine.com/artman2/publish/Magazines_22/Outlook_for_magazines_in_2010_Grimmer.asp
Outlook for magazines in 2010: Grimmer


16 posted on 12/16/2009 1:08:55 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Good news indeed! Better news would be if it was by next year rather than in nine years. I want everybody associated with the big-city daily newspapers to lose their jobs, their homes, their life savings, and their families. For what they have helped their Democrat party do to America they deserve nothing less.

By the way, I thought ‘Editor and Publisher’ was supposed to be dead?
I swear I read that here recently...


17 posted on 12/16/2009 1:10:40 PM PST by Lancey Howard
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To: abb

Walked into the Speedway yesterday for a cuppa coffee. There was an Afram girl there, giving away copies of the Cleveland Plain Dealer! Every Sunday for the past couple of months, they’ve been leaving the PD at everyone’s driveway. They’ll be gone soon. Nobody subscribes anymore.


18 posted on 12/16/2009 1:12:44 PM PST by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: Lancey Howard
By the way, I thought ‘Editor and Publisher’ was supposed to be dead? I swear I read that here recently...

You did. They fold after the January issue.

19 posted on 12/16/2009 1:16:39 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Interesting Times

25% by 2018 is probably an accurate guesstimate if the economy is growing. The newspaper industry is a dying industry. ozero is accelerating this rate. It will probably by 25% by June. And the headlines will read, “Bush’s fault”. “Our boy king is going to save us”.


20 posted on 12/16/2009 1:23:19 PM PST by Texas resident (Hunkered Down)
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